Mainstreet Bankshares Inc (MREE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1075 SPRUCE STREET MARTSINVILLE, VA 24112 |
| State of Incorp. | VA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Noncurrent Assets | |||||
| Property, plant and equipment | 1,509,562 | 1,566,987 | |||
| Total noncurrent assets: | 1,509,562 | 1,566,987 | |||
| Other undisclosed assets | 167,521,455 | 181,544,001 | |||
| TOTAL ASSETS: | 169,031,017 | 183,110,988 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Noncurrent Liabilities | |||||
| Other undisclosed liabilities | 145,043,476 | 158,860,615 | |||
| Total liabilities: | 145,043,476 | 158,860,615 | |||
| Equity | |||||
| Equity, attributable to parent | 23,987,541 | 24,250,373 | |||
| Common stock | 17,866,890 | 17,866,890 | |||
| Accumulated other comprehensive income (loss) | (41,309) | 426,557 | |||
| Retained earnings | 6,161,960 | 5,956,926 | |||
| Total equity: | 23,987,541 | 24,250,373 | |||
| TOTAL LIABILITIES AND EQUITY: | 169,031,017 | 183,110,988 | |||
Income Statement (P&L) (USD)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Gross profit: | (1,664,880) | (486,257) | ||
| Operating expenses | (3,321,247) | (4,645,541) | ||
| Operating loss: | (4,986,127) | (5,131,798) | ||
| Nonoperating income (Bank Owned Life Insurance Income) | 37,296 | 2,494,285 | ||
| Interest and debt expense | (1,057,143) | (1,819,802) | ||
| Loss from continuing operations before income taxes: | (6,005,974) | (4,457,315) | ||
| Income tax expense (benefit) | (47,308) | 304,946 | ||
| Loss from continuing operations: | (6,053,282) | (4,152,369) | ||
| Loss before gain (loss) on sale of properties: | (6,053,282) | (4,152,369) | ||
| Other undisclosed net income | 6,258,316 | 6,123,145 | ||
| Net income available to common stockholders, diluted: | 205,034 | 1,970,776 | ||
Comprehensive Income (USD)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income: | 205,034 | 1,970,776 | ||
| Other comprehensive loss | (467,866) | |||
| Other undisclosed comprehensive income | 38,808 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (262,832) | 2,009,584 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.